Courtesy of Jamie Odgers

Source: VIREB Market Statistics

BE AWARE OF TAX TIME SCAMS With the deadline to file your 2023 tax return looming (April 30 for the majority of Canadians, or June 15 for those that are self-employed) the number of tax-related phone, email or internet scams is also on the rise. To protect yourself, you are encouraged to be extra vigilant when you’re contacted about anything tax related. From text messages asking you to click a link to accept your refund, to emails asking for your information to approve a transfer of funds, there are a lot of very clever and realistic looking scams circulating the country. Unfortunately, anyone is subject to these scams, but be extra cautious if you or those you know are new to filing taxes (teens and those new to working in Canada) or are elderly or not necessarily technologically savvy enough to be able to spot a scam. Scammers can be quite convincing and know which tactics work best to unnerve a potential victim. If you receive a communication from anyone this tax season with a link to click, demanding immediate payment for the funds you owe, asking for personal or financial information, proceed with caution. To learn more, head to the Canada Revenue Agency website where you can learn about common scams, how to protect yourself or even sign up for CRA scam alerts. Go to https://www.canada.ca/en/revenue-agency/campaigns/fraud-scams.html.

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